Alaska Disclosure Agreement For Real Estate

State:
Alaska
Control #:
AK-LEAD1
Format:
Word; 
Rich Text
Instant download

Description

This Lead-Based Paint Disclosure statement is required by Federal Law when selling residential housing built prior to 1978. If the home was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the seller and buyer. If the dwelling was constructed in 1978 or later, this form is not required. If in doubt about the timing of construction, use the disclosure form. Whenever the form is used, the seller must also give the buyer the EPA pamphlet discussed below.

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  • Preview Lead Based Paint Disclosure for Sales Transaction
  • Preview Lead Based Paint Disclosure for Sales Transaction

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Form popularity

FAQ

Most Common Disclosures in Real EstateNatural Hazards Disclosure. First on the list is the natural hazards disclosure.Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature.State Transfer Disclosure.Local Transfer Disclosure.Megan's Law Disclosures.

In Alaska and South Dakota, murders or suicides must be disclosed only if they happened within the past year. In other states, the laws are less black and white; a seller may need to disclose the information only if a buyer asks.

Flooding issues and plumbing leaks are the most common disclosures top real estate agents say they encounter. The biggest issue is always the plumbing leaks and the roof issues because of the recent hurricane we had last year, Fonseca said.

The PDS can give potential home buyers an insight into the condition of the property and anything that may negatively affect the home's value. The PDS allows the seller(s) to disclose details about their home to prospective purchasers.

Unlike the majority of states, Alaska is part of the few that require a seller's disclosure before buyers can even make an offer.

Interesting Questions

More info

Buyer of a residential property makes a written offer, the seller must deliver a completed written disclosure form. WHAT IS A PROPERTY DISCLOSURE?Practice or negotiate for a contract to practice property management. Collect fees for community association management. Website that hosts the federal requirements under the Real Estate Notification and Disclosure Rule, Section 1018 of Title X.

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Alaska Disclosure Agreement For Real Estate